Make way for India's 15th unicorn of 2021 — BrowserStack!

SaaS startup BrowserStack has secured $200 million in Series B funding at a $4 billion valuation, becoming the year's second SaaS unicorn after Chargebee, which achieved the feat in April.
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We've not even crossed halfway into 2021 and India already has its 15th unicorn. 

SaaS startup BrowserStack has secured $200 million in Series B funding at a $4 billion valuation, becoming the year's second SaaS unicorn after Chargebee, which achieved the feat in April.

The funding round was led by BOND, with participation from Insight Partners and existing investor Accel, which had invested $50 million in a Series A round in 2018.

Ritesh Arora, Co-founder and CEO of BrowserStack, told YourStory

"This funding will allow us to explore the different ways in which we can bring new products to market — via acquisitions, acqui-hires, and by investing more heavily in our product and engineering teams."

Founded in 2011 by Ritesh Arora and Nakul Aggarwal, BrowserStack has been a category leader in software testing on the cloud and counts over 50,000 customers and more than 4 million developer signups, catering to giants such as Microsoft, Twitter, and Barclays.

Six months into 2021, the number of Indian startups reaching the coveted $1 billion valuation has already surpassed the 2020 tally, as well as excelling an earlier NASSCOM projection that had stated that India will have 50 unicorns before 2021 ends. 

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Before you go, stay inspired with… 

“Our focus will always be to build products that solve deep problems for developers and help them build amazing experiences for their users.”

Ritesh Arora, Co-founder and CEO, BrowserStack


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